Five Things People Hate About Selling Their Cars – And How To Avoid Them
Posted in: Car Insurance, Driving Tips, Fleet Driver News, News.
Selling a car always feels like a hassle. But, fortunately, there are ways around the brain ache it can cause.
That’s the topic of this blog. It explores some of the factors that people don’t like about relinquishing ownership of their vehicles and the various methods to get around the problems that often come up.
Dealing With Lowball Offers
The most frustrating thing in the process of selling a car relates to receiving lowball offers from prospective buyers. Many people will seek to lower the price of your vehicle with expectations of getting a good deal, which may give you the feeling that your car is not fetching the reasonable market price it deserves.
To circumvent this, do your homework beforehand by checking the current market value of your car using websites like Kelley Blue Book or Edmunds. Knowing what it’s worth will make it easier to dismiss a really lowball offer and to hold out for a more advantageous one.
Wasting Time With Non-Serious Buyers
Non-serious buyers are another issue that can really annoy sellers (including you!) These people might schedule test drives and cancel last minute, or express enthusiasm but fail to make an actual offer.
To avoid this, be clear about your expectations from the start. Set firm appointments for test drives and only engage with buyers who are serious. You can also ask for a deposit in advance to secure the car until the transaction is complete, which will weed out time wasters. Always be careful and pay attention to their attitude. Remember, you can have some people who don’t want to buy your car, even if they were serious when they arrived.
Figuring Out How Much Your Car Is Worth
Another common problem is the issue of figuring out how much your car is worth. It’s not always clear what you should charge.
I like to value my car by going to the experts. They often have a better sense of the market and can judge what it will support. You can use algorithms, but these aren’t always accurate and could wind up forcing you into a higher price bracket where you can’t sell quickly, or a lower one, where you sell quickly, but miss out on a lot of money.
The Hassle Of Negotiating
The hassle of negotiating can also be annoying. You just want to sell your car for what it’s worth instead of going through the motions of arguing with the buyer over the price.
To reduce this issue, set a fair and firm asking price. Be clear that you won’t accept lower offers but that you are willing to accept a higher price for an immediate sale. Put all the relevant information like mileage and condition upfront on your advert so people know ahead of time what they’re getting.
Preparing Your Car For Sale
Finally, preparing your car for sale is often a massive hassle. However, you can get around this issue by simply handing the task over to someone else. Dealerships will often valet and fix vehicles for you, saving you the job.
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